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Search Results 0 to 39 of about 40 (some duplicates have been removed)
. i'll be talking with the head of allstate insurance about the massive disaster relief efforts under way, how fast are they paying the claims and what kinds of impacts investors can expect to see on the bottom line. >>> later the government's role in recovering from sandy has raised debate whether bigger government is necessarily better. we'll discuss both sides of the argument off of that hot issue in a few minutes. stay with us. >>> welcome back. one of the companies reporting earnings today in the thick of the recovery from hurricane sandy. tom wilson is ceo of allstate insurance and joins us now exclusively after reporting earnings. what timing, tom. >> hi, maria. how are you? >> i'm doing okay. i want to get to your earnings in a moment but here we are in terms of insurance being on the front center given the fact that so much destruction has occurred. let me talk about andy before we get into the earnings, tom. lot of people wondering what kind of damage we're expecting. how do you see it? >> well, this is a massive storm, maria. there's two things that drive a storm, the damag
. there's some looting going on as well. up next we have allstate's ceo coming up, a lot more on the post sandy edition of "the closing bell." >>> coming up, back to business. an historic reopening of wall street and we have all the angles covered from every exchange. who won, who lost and what companies rose above a very shaky october for the markets? >>> plus taking stock. despite sandy's path of destruction, there are lots of big earnings. we catch you up on reporting results. we bring you the latest numbers and analysis from our market experts. and is sandy a case for big government? why some are using the superstorm to say big government really is better. we separate the fact from fiction of that argument. that's all ahead on this special edition of "the closing bell." customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy
we go, who do you think comes out a winner here? >> well, you know, we like allstate. if you look for some context, look at the group you had before. the industry has been doing well because they have been raising pricing. allstate is the easiest sort of long-term pricing recovery story because they have a substantial number of captivation. they sell only one product. allstate is able to push pretty substantial price increases through when they need to. that is the company good earnings. they have had a lot of momentum. i think it is a hick up in the story. liz: josh, good to see you. thank you so much. josh sterling. watch those insurers. it will change moment by moment. dow jones industrials looks like making a go. turning positive right now. well, actually, about a half of a point. we have been up 81 points today. we have so much to talk about. the barracks, the earth movers, the home numbers, they have building products that will be needed for the post hurricane cleanup. all of that and much more coming up. stay tuned. ♪ this is america. we don't let frequent heartburn come
] allstate. they can bundle all your policies together. lot of paperwork. actually... [ dennis' voice ] an allstate agent can help do the switching and paperwork for you. well, it probably costs a lot. [ dennis' voice ] allstate can save you up to 30% more when you bundle. well, his dog's stupid. [ dennis' voice ] poodles are one of the world's smartest breeds. ♪ bundle and save with an allstate agent. are you in good hands? >> america moves football. that's why it's our pleasure to welcome back to "fox & friends," nfl quarter turned football commentator. good morning, doug flutie. >> good morning. >> steve: we were talking out in the hall. my daughter went to boston college and four years you with outside of the stadium going like that. the statue. >> and they tried to make it 5-10, 5-11. and actually it's a 6-4 guy. >> steve: it doesn't matter. when you threw that hail mary you could have been four feet tall. >> i couldn't see it anyway, i just through it, girard made a great catch and the ball came down. i saw the official's arms in the back of the end zone after everybody fell
pending the outcome of the presidential race, a week from now. among insurers, allstate, travelers and chubb corp have the largest market share in sandy's path. corelogic, estimates it includes 284,000 homes worth $88-billion dollars. economists are mixed on whether the storm's impact will affect fourth- quarter g-d-p. mark vitner, senior economist with wells fargo securities says it depends how much is shut down and for how long. mark zandi at moody's analytics says the storm may cause spikes in economic activity--repairing and rebuilding. depsite the storm-- the government is expected to report unemployment numbers for october this friday. phone companies along the east coast are preparing for the likelihood of overtaxed communication infrastructure during hurricane sandy. at&t is fueling up emergency portable generators and disaster recovery trailers to move into affected areas. authorities recommend people use text messaging rather than phoning or internet during large scale disasters. texting uses far less network capacity. several corporations are postponing earnings reports
populated east coast...ride out this storm..with fingers crossed.. northbrook based allstate insurance has a catastrophe team on the ground...ready to assess the damage sandy is bound to leave behind. >> we have 800 professionals ready for deployment. >> here is the latest from chicagos. chicagos. .. more than 100 flights canceled to the east coast. amtrak >> jim ramsey has in the weather center with more on this massive storm >> i have been looking for updated information... it is about 485 mi. south of new york city. it is expected to shift back to the northwest. this is such a massive storm is expected to impact from the mid-atlantic all the way up to the massachusetts coast. all this will take place over the next several days. it looks like it will make landfall late monday. there'll be flooding, beach erosion, power outages... in chicago a lake shore flood warning has been issued... we might even get a rain shower. look at all of the watches and warnings and the factin affect >> the superstorem is even affecting the first lady's travel plans to. shell obama is in chicago. she plans
by allstate. click or call. de and ♪ esurance. now backed by allstate. you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >> sean: as both candidates head into the final stretch of the campaign there is one critical state that could hold the keys not white house for governor romney and that is the st
towards normal. it's why allstate catastrophe teams not only have hot coffee and help for grownups... they've also handed out more than twelve thousand teddy bears to kids. people come first... everything else is second. that's allstate's stand. are you in good hands? >> bill: watters world segment tonight. gallup polled single women about the election. at that time obama was ahead over romney. there has been not been polling for women specifically since september. we decided to do our own investigation. that involved sending jesse watters out to canvas the single ladies who themselves were out socializing prehalloween. ♪ all the single ladies all the single ladies ♪ all the single ladies >> what's on the agenda for this evening open. >> open a bar party hardy. >> that sounds risky what are you wearing tonight. >> i'm a nut cracker. >> that's what you want to wear? >> i'm kayla, one of the fav 5. >> don't scratch me. >> meow. >> cops and robbers. >> she is already in trouble. >> help, police. >> what do you do for a living nutcracker. >> i'm a nurse. >> i'm a student. >> i'm a book pu
through it, this is more than a teddy bear. it's a step towards normal. it's why allstate catastrophe teams not only have hot coffee and help for grownups... they've also handed out more than twelve thousand teddy bears to kids. people come first... everything else is second. that's allstate's stand. are you in good hands? >> back of the book segment tonight, it's predictable al gore jumped on the hurricane sandy story to promote global warming. >> the storms are getting stronger. the stronger storms are getting more frequent. and you know, this is the second time in two years that a part of manhattan has been shut down. and, you know, that didn't used to happen like this. but the evidence is now so overwhelming. >> bill: let's take a serious look at what mr. gore is saying. joining us from washington dr. brenda, a climate scientist from the union of concerned scientists. and from harrisburg, pennsylvania. meteorologist weather bell analytics. joe, begin with you because you don't believe in the global warming deal but the storms are very very fierce and you say. >> that stunningly ig
a look here, we're talking about companies like allstate, chub, travelers, state farm-- there are others listed here on the screen. who is in the best shape to deal with all of this? >> well, i would say cumulatively, the industry is very well capitalized. i mean, one of the reasons that they have ben able to build up their reserves this year is 2012, compared tole 2011, has bn comparatively light in terms of natural disasters. 201you had the tornado y tuscaloosa andiop len. you had hurricane irene in 2011. this year, you look at june 2012, you had the colorado wildfire. you had hurricane isaac which hit louisiana. what we're looking at with sandy is multiple states across some of the most heavily populated states on the east coast, and that'sat why this has caught everybody's attention for good reason. >> susie: what about businesses? to what extent are they covered through all of this, or is there a deference being a homeowner-- we have heard companies have closed operations for the next few days. >> well business insurance policy coverage is comparable to a home insurance policy, they
, but they say the companies with the most exposure include: liberty mutual, travelers, allstate, and chubb. auden thinks those firms will be able to shoulder a financial hit if the storm's damage mirrors that of irene. >> with every event companies gather more information on potential losses, so catastrophe losses become much more sophisticated. companies use those to measure aggregation of losses and potential losses from a given event. >> reporter: damage from wind, falling trees, and rain coming through roofs is covered by standard insurance policies. but analysts fear much of the damage from sandy to homes and businesses is likely to come from storm surge flooding which isn't. the insurance information institute estimates roughly 300,000 homes in the northeast could be vulnerable to this type of event. but the institute is optimistic many homeowners have flood insurance. >> nothing sells flood coverage like a flood and when hurricane irene hit last year there was widespread flooding throughout the northeast and many people did go out and buy flood insurance policies after that. so as l
by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. they're heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will set up in a staging area in south carolina. again, this impacting people from south carolina all the way north up to main. >> but in tragedy the nation comes together time and time again. here we go. and probably to the surprise of absolutely no one, sandy is dominated social media. plenty of pictures out there on facebook and twitter and here's some that got our attention over the last few hours. you know this place well. >> this is actually a carousel close to the brooklyn bridge. right next to the carousel there's a nice green area and a small little beach. but as you can see, it's all a beach now and the horses are under water, not as they should be. >> and, of course, one of t
for the modern world. esurance. now backed by allstate. click or call. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> and the west coast is pitching in to help in the wake of sandy. members of the california air national guard's 129th rescue wing are heading east. their mission is to rescue stranded hurricane victims and deliver supplies to isolated communities. they will set up a staging area in south carolina. again, this impacted people from south carolina all the way north up to maine. >> when in tragedy, the nation comes together. we've seen that time and time again. >>> and probably to the surprise of absolutely no one, sandy is dominating social media. plenty of great pictures on facebook and twitter. here's some that got our attention over the next few hours. you know this place well. >> this is a carousel close to the brooklyn bridge. around the carousel there's a nice green area and a small, little beach. as you can see, it's all a beach now
by allstate. click or call. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outlawed. but it was a bible by the people, for the people, the book that built america. and now for the first time in 400 years it's available again in a beautiful leather edition. i have one, i want you to have yours too. please visit genevabible.com and get your copy of this rare and historic version of god's word today. >> eric: time for one more thing. five people, five minutes. >> dana: i want to talk about a colleague here. let him say in his own words. charles payne of fox business. he adores his wife who has had many heart problems and was if line for
something they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call.
. esurance. now backed by allstate. click or call. >> it is tuesday october the 30th. we have a busy day. let's get right to the extreme weather alert. monster storm sandy leaving widespread damage up and down the east coast more than 6 million people are without power and as of now 16 people are dead. >> the storm sending debris across atlantic city. streets are inundated with water over long beach island. record setting storm surges also causing massive flooding in new york city. all of the way down to virginia. sandy just hammering the coastline there as well. >> sandy dumping more than 9 inches of rain in virginia beach. image that 9 inches of rain in just a day. let's check in with our jennifer davis she is live there in virginia beach right now. jennifer massive amount of rain. how are things looking good? >> good morning there is a light rain falling. it is very cold here and it is windy. conditions are certainly better than they were the last day or two. we have snow in the southern part of the state. we have a lot of power outages and flooding in the northern part. here in virginia b
, allstate, and there aren't any federal -- >> you what you just said from government to date. he did not hear what judy miller said. cover run the committee refused 14 times to answer questions about fema. you'd like to think a guy running for president and god knows that i have been on the front lines in campaigns would be able to have the response. what the states to do it, but they're is a role for the federal government. >> what you think? >> obviously a very important role. turn your electricity on. if your waiting for that. lou: the government. >> a buy you some candles and sundays and flashlights. the end of the day you have to be very careful. a very precarious situation. all bunch of states beyond the east shore. you can't look political. lou: okay. restaurant where the races right now. this will be distressing to judy miller. obama is running behind. it is by a narrow margin. a full point advantage among those most likely to vote. so where are we? what's happening? >> i think we're at a point where as you suggest seven national polls out. yesterday five or six of them had g
they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: in just one week voters head to the polls and decide what is without question the most important election of our lifetime and with just seven days remaining until the race for the white house concludes we can report the momentum is on the side of governor mitt romney. according to the latest gallup survey his lead is at 5 points, 51 to 46%. in addition, gallup it reporting that romney is outpacing his opponent in a big way when it comes to early voting. unlike in 2008 when obama led senator john mccain by 15 points in early voting, in 2012 it's romney that's now running ahead by an impress impressiven points. 52% of the ballots have been cast in romney's favor. it's an eight point swing, by the way, in only four weeks. with all of those numbers in mind it's not surprising that the bi-partisan battleground model predicts romney as the winner in tuesday's election. will these numbers prove to be true? here to continue our debate is fox news political analyst. she's having a p
stocks, allstate, progressive, chubb, and if you take a look, you can see allstate opened down, then rallied since, but the volumes very, very light, nothing abnormal, so if you look at all of them, most of this em -- not a lot of volume, not a lot of activity, and i will continue to drive on this theme, what i am hearing is people are sitting on their hands and don't expect a lot of movement until early next week. >> we want to bring in jim paulson, chief investment strategist, brian belski, chief strategist with bmo capital market guys. good to see you guys. jim something wrote how great does that opening bell sound? it was a good thing to have. >> i think so. ty end of the day i think this is more a human tragedy and t-term economic hit, because it wasn't a financial panic which closed the market, which a lot of closures have been panicky. but even though it was closed for four consecutive days, it was opening elsewhere. and every day we had pricing action going on somewhere. futures here, overseas market, that allowed us to keep track of where we were, so i think that took
in the northeast. allstate, travelers, chubs, aig, hartford, any number of those would have exposure to the northeast. >> what were the other? >> allstate, travelers, chubs, aig, hartford. >> gloria, we have to run, quick question and i know two years does not make a trend, given we have two storms in way we haven't had in many years does that change how insurance is going to be marketed for example up here? >> i don't think it's going to change how it will be marked. i think demand will pick up. there's nothing like seeing your neighbor's house float away or burn down or have some problems for to you want to go out and buy more coverage in the future, so i think you'll see increased demand. i think pricing will get an extra little boost. i don't know if it's enough to make this a hard market but rates have been moving up because of the losses from last year, but also because of very low investment yield. >> gloria vogel, thank you for joining us this morning. appreciate your perspective. >> thank you. >>> i think we have a shot of seaside heights, where if you remember yesterday, th
insurers here in new jersey. about 11% market share. liberty mutual and allstate just below that with about 8%, and then chubb falling just below that with just over 7%. we should also note that a report from credit sweet said that as losses start too get into the $20 billion and $30 billion, allstate and chubb will be set to benefit from some of that, though we should note with the markets just opening today, those are definitely going to be some stocks that people will be watching as the market reopens and some of this damage is to be expected. of course, residents no doubt still reeling, and governor christie said fema will be a strong force here, no doubt, for many, many months. and he kept stressing that word, noting that this will be a very long recovery process. people are just starting to try and put the number on very early estimates. back to you. >> kayla, it looks like we're taking a few hits from your shot, but it is surprising to see the lights behind you. i don't know if you can still hear us, kayla. have they had these lights on the whole time with generators? is that a new c
for the modern world. esurance. now backed by allstate. click or call. because it helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. lemonade and ♪ok action, you took advil®. ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. >>> b
Search Results 0 to 39 of about 40 (some duplicates have been removed)